News

Musk: Tesla To Make Significant Investments In France At Some Point

Elon Musk

US electric car manufacturer Tesla will make significant investments in France, its CEO Elon Musk said in Versailles on Monday, adding that he could not give a timetable.

Asked after a meeting with French President Emmanuel Macron whether Tesla planned to announce investments in France, Musk said “I think at some point, but not today, at some point, yes”.

“There is no announcement today but I am very impressed with president Macron and the French government and how welcoming they are to industry, so I am confident that in the future Tesla will be making significant investments in France,” he told reporters.

(Reporting by GV De Clercq; Editing by David Goodman)

PM Today Contributor
Related News
Related sized article featured image

AstraZeneca has halted a planned £200m expansion of its Cambridge research hub, months after scrapping a £450m vaccine plant in Merseyside.

Rosie Shead
Related sized article featured image

Jaguar Land Rover’s production shutdown will continue into next week after a cyberattack forced the carmaker to pause operations at three major UK ...

Anna Wise